So, generally speaking husband/wife-owned LLC in a non-Community property state, must file a partnership return (ie, the LLC is not considered a single member LLC disregarded entity).

Unfortunately Good Cause Eviction passed last night in the city of Rochester, NY.I want to thank Council Members Lashay Harris and Michael Patterson for doing the right thing and voting “NO” on this largely performative legislation…that will only TEMPORARILY protect a small handful of city residents living in EXTREME under market rental units…But it will have broad and adverse negative consequences for the WHOLE community.

As a licensed real estate agent and contractor, I speak the language and can guide you through the process to ensure everything runs smoothly.

They originally wanted 360k, but the mortgage would have the property running negative for the foreseeable future until all renovations are done, which I won't do. 

A quick fix now can save you from potential negative feedback later on.I'd be happy to discuss more ideas!

A SFH in a neighborhood with HOA or owner occupant neighborhoods your rental property can stand out in a negative way because tenants don't waste their money watering the yard. 5.  

I cannot speak to the IRS compliance as I am not a CPA but I am happy to share some of what they do, as well as assist in any management and/or acquisition questions. 

Hi Don,I think I will only respond to you this one time because the use of negativity is not what this platform is for.

I think this will correct itself over the next 3 - 5 years but it will make cashflow tight or negative until then.I have a great contact of a Realtor that works primarily with investors who has represented a few of my borrowers that I can share with you.

If course maybe there’s a Keller Williams agent that could speak on that particular item for clarification.As a buyer/investor that has done much of our own marketing over the years, there has been a handful of properties that we have wholesale.